Actuary

Actuary

Education: Undergraduate degree in actuarial science, mathematics, statistics, or similar background requiring modeling, programming or quantitative analysis

Life Insurance experience: 5-7 years

License/Certification/Designation: FSA - would consider close to FSA if they have a lot of strong other skills

Experienced knowledge of actuarial business functions, statistical methods of analysis, actuarial models, actuarial software and databases

Mastery of Microsoft Office products (including VBA within Access and Excel), analytical software (such as tableau) and programming languages

Soft skills -- independent worker, ability to dig in to issues, history of dealing with complex situations, good communication skills

Nice to Have Skills & Experience:

• Indexed universal life (IUL) would be a big plus
• GAAP reporting; if they have LDTI (Long Duration Targeted Improvements) experience that's even better
• Software: MG-ALFA or GGY-AXIS (sometimes just ALFA or AXIS) are both nice to have

Day to Day:

As an Actuary, you'll show a mastery of business operations, systems and actuarial methodologies. You will provide leadership, direction and oversight for the performance of sophisticated actuarial techniques and procedures and risk analysis. In addition, you'll develop a strategic vision for the team to ensure efficient, consistent and integrated data and analysis. We'll count on you to provide business recommendations that are crucial to the success of the company and the protection we provide our customers. You'll need to work independently and may directly or indirectly lead others.

Key Responsibilities:

• Acts as a specialist for compilation, categorization and analysis of data.
• Constructs sophisticated testing tools and product calculations.
• Builds, maintains and computes Actuarial, Projection & Valuation Models.
• Conducts financial reporting and analysis.
• Prices and supports implementation of products.
• Conducts risk analysis for lines of business/products.
• Establishes reserves and other valuation items under multiple accounting regimes (statutory, GAAP, and tax) for products.
• Leads and provides experienced knowledge for the analysis of reinsurance opportunities.
• Builds cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the OCFO leadership level.